I used to think the plan was threefold: (1) a big economy that burns fees in ETH, (2) being the best store of value, and (3) constantly updating our views and improving the tech. I'd like to revisit each with what we know today. Asking in good faith as a holder.
1. A big economy that burns fees in ETH
Fees are tiny right now. Is the plan ever going to change that? If the entire stock-trading market moved onto Ethereum, would the fees still be negligible? Is there a scenario where the fees actually make a difference — and is it realistic?
2. The best store of value
What are the main differentiators from Bitcoin and Zcash? Quantum resistance? Privacy plus more functionality than Zcash?
3. We keep updating our views and improving the tech
Money is a technology, and technologies get outdated and need new features (e.g. quantum resistance). The EF isn't self-sustainable, and by its own framing the goal is to step aside over time. So is there any self-sustaining entity responsible for keeping ETH the best and most up-to-date tech — or who actually owns that long game?
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